The reasons why China chose planned economy in 1950s and its influence on economy.

The reason should be that the three major transformations have been completed, the socialist system has been basically established, and the economic system corresponding to the socialist political system is planned economy. Otherwise, what system will be adopted? Impact: To a certain extent, the enthusiasm of farmers was mobilized, and the economy developed in a short time. However, due to haste, eagerness to achieve success, the economy was too rigid, and everything was managed by the state (a bit like the post-war Soviet Union), and later with the economic development, it could not meet people's needs.